168M Half Penny Meadows
25 Pendleton Avenue, Clitheroe, BB7 9DD
with min. deposit
3 bedroom terraced house
Brand new 3-bedroom mid terraced house in the Half Penny Meadows Development, available through shared ownership in Clitheroe. The price represents purchasing a 45% share of the property
About the Development
Offering a range of 2 and 3 bedroom homes on the Half Penny Meadows development in Clitheroe, we are delighted to offer a variety of house types to suit all buyer.
The development is located close to the many amenities that Clitheroe has to offer including boutique shops, a weekly market, health centre, many supermarkets and the locally renown Holmes Mill with a recently opened cinema, along with a number of primary and secondary …
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with min. deposit
Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.
You can read more on the Help to Buy FAQ
The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.
Read more about eligibility in the FAQ